On August 1, the People's Court of Nanzhao County accepted Li Yunju's application for bankruptcy liquidation of Hengji Cement Co., Ltd. in Nanzhao County. It was decided to select the bankruptcy administrator by drawing lots. It is reported that the company was sentenced to pay Li Yunju 522300 yuan for construction contract disputes, but has not yet fulfilled. Henderson Cement has been closed for nearly six years. According to the balance sheet, the balance of assets is about 12.79 million, the liabilities are about 41.11 million, and the asset-liability ratio is 321.34%, which is insolvent.
